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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 268,130 $ 118,702
Restricted cash and cash equivalents 43,286 23,652
Accounts receivable-trade, net 332,062 381,858
Accounts receivable-other 109,330 89,273
Contracts in progress 431,893 425,986
Deferred income taxes 7,092 7,091
Investments 3,248   
Assets held for sale 1,396 1,396
Other current assets 61,353 32,242
Total Current Assets 1,257,790 1,080,200
Property, Plant and Equipment 2,397,254 2,367,686
Less accumulated depreciation (913,650) (889,009)
Net Property, Plant and Equipment 1,483,604 1,478,677
Investments 2,189 13,511
Investments in Unconsolidated Affiliates 48,897 50,536
Assets held for sale 10,121 12,243
Other Assets 221,328 172,204
Total Assets 3,023,929 2,807,371
Current Liabilities:    
Notes payable and current maturities of long-term debt 258,417 39,543
Accounts payable 423,166 398,739
Accrued liabilities 383,401 365,224
Advance billings on contracts 278,881 278,929
Deferred income taxes 20,257 17,892
Income taxes payable 16,656 20,657
Total Current Liabilities 1,380,778 1,120,984
Long-Term Debt 49,761 49,019
Self-Insurance 21,715 20,531
Pension Liability 15,516 15,681
Non-current Income Taxes 55,455 56,042
Other Liabilities 89,019 104,770
Commitments and Contingencies      
Stockholders' Equity:    
Common stock, par value $1.00 per share, authorized 400,000,000 shares; issued 244,739,400 and 244,271,365 shares at March 31, 2014 and December 31, 2013, respectively 244,739 244,271
Capital in excess of par value 1,417,374 1,414,457
Retained earnings (121,110) (71,157)
Treasury stock, at cost, 7,231,536 and 7,130,294 shares at March 31, 2014 and December 31, 2013, respectively (97,407) (97,926)
Accumulated other comprehensive loss (122,742) (140,131)
Stockholders' Equity-McDermott International, Inc. 1,320,854 1,349,514
Noncontrolling Interests 90,831 90,830
Total Equity 1,411,685 1,440,344
Total Liabilities and Equity $ 3,023,929 $ 2,807,371